Michael H. Price
2016
In 2016, Michael H. Price earned a total compensation of $944.6K as Executive Chairman of Mercantile and the Bank at Mercantile Bank, a 22% increase compared to previous year.
Compensation breakdown
| Non-Equity Incentive Plan | $121,275 |
|---|---|
| Option Awards | $10,491 |
| Salary | $539,000 |
| Stock Awards | $230,440 |
| Other | $43,375 |
| Total | $944,581 |
Price received $539K in salary, accounting for 57% of the total pay in 2016.
Price also received $121.3K in non-equity incentive plan, $10.5K in option awards, $230.4K in stock awards and $43.4K in other compensation.
Rankings
In 2016, Michael H. Price's compensation ranked 8,522nd out of 14,075 executives tracked by ExecPay. In other words, Price earned more than 39.5% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 8,522 out of 14,075 | 40th |
Division Finance, Insurance, And Real Estate | 1,631 out of 3,060 | 47th |
Major group Depository Institutions | 413 out of 1,387 | 70th |
Industry group Commercial Banks | 364 out of 1,099 | 67th |
Industry State Commercial Banks | 192 out of 728 | 74th |
Source: SEC filing on April 9, 2018.
Price's colleagues
We found three more compensation records of executives who worked with Michael H. Price at Mercantile Bank in 2016.